Supervisor, Credit and Collections

Minerals Technologies•Bethlehem, PA

15h•Onsite

About The Position

Overview Minerals Technologies Inc. is a global, technology-driven specialty minerals company that develops, produces, and markets a wide range of minerals and mineral-based products and services. Our products are an essential part of everyday life for millions of people around the world. They are used in consumer goods in paper and packaging, food and pharmaceuticals, household and personal care, pet care, automotives, and many more, as well as in industrial settings like steelmaking, metalcasting, construction, infrastructure, and wastewater remediation. We are listed on the New York Stock Exchange under the ticker symbol MTX, headquartered in New York City, and have over 150 locations worldwide, with ~4,000 employees in 34 countries and 12 R&D centers. We put people at the center of everything we do -- working safely, communicating openly, and managing our resources and businesses responsibly. What We Offer: Competitive pay, commensurate with experience Health/Dental/Vision plans 401k company match Life Insurance Short Term Disability & Long-Term Disability Educational Assistance Employee Assistance Plan Job Summary: The Credit & Collection Manager under minimal supervision, is responsible for leading Americas C&C team. The Credit & Collections Manager is responsible for Business Unit Accounts Receivable ledgers, collection of delinquent balances, assigning, reviewing, and updating customer credit limits, overseeing investigation of credit risk in customers and suppliers, designing, and implementing process to improve cash flow and reduce receivables, DSO and ADD analysis, and monthly reporting.

Requirements

Bachelor’s Degree in Finance, Business, or related field
Experience in managing a credit and collections team.
Ten or more years’ experience in the Accounts Receivable field or related area with a good working knowledge of the order to cash processes and customer supply chain knowledge.
Experience with large and major commercial account collections and management is required.
Must have excellent computer skills including Microsoft Word and Excel, Oracle and Lotus Notes, and possess as well as Oracle ERP eBusiness Suite.

Responsibilities

Manages Business Unit Accounts Receivable ledgers.
Co-ordinate reconciliation of account balances.
Raises accounts receivable disputes and collection related past due items.
Assists in customer dispute administration when requested or where required.
Daily customer contact for collection call purposes.
Daily account receivable balance monitoring.
Autonomous receivables collections module administration and management.
Researches, investigates, documents and establishes customer credit limits
Interaction with senior business unit management, senior corporate managers, and business unit commercial teams.
Prepares monthly and quarterly ledger analysis.
Management of Escheat processing and filing.
Actively works to attain company accounts receivable quality targets for percent current, DSO, ADD and the overall improvement (reduction) of business ledger past due balances
Prepares quarterly bad debt analysis.
Monitors and reports to business unit management customer payment trends
Monitors customer financial health and reports to business unit management changes in customer risk exposure
Monitors and reports on industry trends in accounts receivable on behalf of business units
Influences and negotiates customer payment terms in conjunction with business unit commercial teams
Collects and analyzes customer financial data on new and existing customers and report to management
Daily work-flow administration of customer orders placed on credit referral.
Monitors or actively manages International Trade Receivables Ledgers for non-US segments as assigned.
Attending Sales and Trade meetings where required.
Provides leadership and training to junior staff members and new hires.
Monitoring collection activities to ensure that collectors are following proper procedures and ethical standards
Working knowledge of US Bankruptcy regulations and filing requirements.
Interact with Regional leads to adopt standard processes and best practices across MTI.
OE/Lean Actively participates in the implementation of sustainable improvement processes, such as 5S, Kaizen, Total Productive Maintenance (TPM), Daily Management Control, Standard Work and Problem Solving.
Note: Management reserves the right to assign or reassign duties and responsibilities to this job at any time.